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New York Downgraded as Moodys Warns Long Return to Normal

The pandemic could permanently close as many as a third of New Yorks 230,000 businesses, according to the Partnership for New York City.

The government's decision to encourage people to work from home will hit its city-centre pubs.

Customers names, addresses, emails and the last four digits of credit cards were among data stolen.

A body representing 290 airlines warns it will be 2024 before air traffic reaches pre-pandemic levels.

Sir Dave Ramsden said the central bank was not likely to use negative rates 'imminently'.

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